The Halving - Good or Bad for Bitcoin?

[giveen]

I think the current raise in bitcoin can be attributed by block halving and other factors of course  and I guess we are just seeing the benefits of it.

No way, the next halving will occur at 2020, its far away to be from those event, at June we had the halving already and price went from 400 to 600 dollars, if were those you were refering. The halving is good for bitcoin as it make it get more value over time, if we remove the halving we will have a coin of pump and dump and just that.

Yeah that's true I remember when the last halving happened the price was really high that time. And I also agree if there's no halving bitcoin would have never been what it has been able to be today for sure. And by the next halving the price will be 5000$+ for sure or maybe more than that.

[Rahar02]

I think the current raise in bitcoin can be attributed by block halving and other factors of course  and I guess we are just seeing the benefits of it.

No way, the next halving will occur at 2020, its far away to be from those event, at June we had the halving already and price went from 400 to 600 dollars, if were those you were refering. The halving is good for bitcoin as it make it get more value over time, if we remove the halving we will have a coin of pump and dump and just that.

Yeah that's true I remember when the last halving happened the price was really high that time. And I also agree if there's no halving bitcoin would have never been what it has been able to be today for sure. And by the next halving the price will be 5000$+ for sure or maybe more than that.

Next halving will happen at Saturday, 27 Jun 2020 which 3 years later. I agree it is good for bitcoin to limit the supply meanwhile the demand keep increase. Miners will generate less bitcoin but the fees should be enough as the price at that time maybe just like you said, reach $5000, my prediction around $3500 per BTC1. I hope the fees to send bitcoin doesn't exceed $0.5 or people will consider it is not cheap anymore even though it is affordable for some users.

[Xester]

I think the current raise in bitcoin can be attributed by block halving and other factors of course  and I guess we are just seeing the benefits of it.

No way, the next halving will occur at 2020, its far away to be from those event, at June we had the halving already and price went from 400 to 600 dollars, if were those you were refering. The halving is good for bitcoin as it make it get more value over time, if we remove the halving we will have a coin of pump and dump and just that.

Yeah that's true I remember when the last halving happened the price was really high that time. And I also agree if there's no halving bitcoin would have never been what it has been able to be today for sure. And by the next halving the price will be 5000$+ for sure or maybe more than that.

Next halving will happen at Saturday, 27 Jun 2020 which 3 years later. I agree it is good for bitcoin to limit the supply meanwhile the demand keep increase. Miners will generate less bitcoin but the fees should be enough as the price at that time maybe just like you said, reach $5000, my prediction around $3500 per BTC1. I hope the fees to send bitcoin doesn't exceed $0.5 or people will consider it is not cheap anymore even though it is affordable for some users.

That correspond to  my computation. In my computation bitcoin will reach 5000 $ up to 10000$ by the year 2020 during the next halving. But there is another disadvantage that will come the miner fees will also skyrocket and small time bitcoin holders will transfer to altcoins when that time comes. But hope the miner at that time will already have the consensus and have decided to adopt a new system that has a higher blocksize compared today.

[Prohodimec]

I think the current raise in bitcoin can be attributed by block halving and other factors of course  and I guess we are just seeing the benefits of it.

No way, the next halving will occur at 2020, its far away to be from those event, at June we had the halving already and price went from 400 to 600 dollars, if were those you were refering. The halving is good for bitcoin as it make it get more value over time, if we remove the halving we will have a coin of pump and dump and just that.

Yeah that's true I remember when the last halving happened the price was really high that time. And I also agree if there's no halving bitcoin would have never been what it has been able to be today for sure. And by the next halving the price will be 5000$+ for sure or maybe more than that.

Next halving will happen at Saturday, 27 Jun 2020 which 3 years later. I agree it is good for bitcoin to limit the supply meanwhile the demand keep increase. Miners will generate less bitcoin but the fees should be enough as the price at that time maybe just like you said, reach $5000, my prediction around $3500 per BTC1. I hope the fees to send bitcoin doesn't exceed $0.5 or people will consider it is not cheap anymore even though it is affordable for some users.

That correspond to  my computation. In my computation bitcoin will reach 5000 $ up to 10000$ by the year 2020 during the next halving. But there is another disadvantage that will come the miner fees will also skyrocket and small time bitcoin holders will transfer to altcoins when that time comes. But hope the miner at that time will already have the consensus and have decided to adopt a new system that has a higher blocksize compared today.

Yes, I agree with you - I also think that the next halving lead to higher prices for Bitcoin. And I can safely assume that if Bitcoin will cost 7,000 - $ 10,000. I believe that it is good

[Erza]

The halvings gives Bitcoin value and makes it lucrative for more  investors so I think it should be maintained for us to keep profiting from our investment. If we don't half and we keep more BTC with less value what's the point rather than have less with more value.

People really nees to get as much bitcoin as they can because of this price that really high makes people want to own bitcoin. But for this halving makes coin become less and of course the price will be higher because of the law of nature so I think it will be a good thing except you dont hold some coin

[Carlsen]

The halving is very important for bitcoin!
It limits the number of bitcoin to 21 millions.
Without halving, an endless number of bitcoins could be produced, and if you have an endless supply of something, the value of that something won't be too big.

[deisik]

The halving is very important for bitcoin!
It limits the number of bitcoin to 21 millions.
Without halving, an endless number of bitcoins could be produced, and if you have an endless supply of something, the value of that something won't be too big

The things aren't that simple

The Big Rip theory of Bitcoin claims that the limited supply of anything doesn't bode well for anything which has limited supply. Theoretically, with infinite adoption and fixed supply it may not be possible to correctly assess the price of Bitcoin eventually since it will become too scarce and dispersed to have any real life importance. Two factors are working against the Big Rip assumption. First, the adoption is not infinite since the Earth is still round and the size of any economy in existence today or in the future would be limited anyway. And second, Bitcoin is infinitely divisible so (at least, theoretically) the dispersion should be effectively offset by introducing ever diminishing denominations. What is going to prevail in the end we can only find out from practice, not theory

[MONKEYJUNK]

No one can avoid this.
Halving just make btc price up ans stabled so close in you one time high.

Now is up to snother galaxy.
Go btc

[carlerha]

The halvings gives Bitcoin value and makes it lucrative for more  investors so I think it should be maintained for us to keep profiting from our investment. If we don't half and we keep more BTC with less value what's the point rather than have less with more value.

from the previous halving was my first experience so i can say that halving is good. as in previous halving the price of bitcoin increased so high and that is the reason that we can expect from the coming halving also.

[Mbokani]

No one can avoid this.
Halving just make btc price up ans stabled so close in you one time high.

Now is up to snother galaxy.
Go btc

Looking at your account it looks like you are having a sr account and you still think that the current price rise is simply because of halving.
Halving is good because satoshi knew that people would start investing heavily in mining when it takes off and if not for halving the coins would have been mined long before he intended to be.

[Bitcoinsummoner]

No one can avoid this.
Halving just make btc price up ans stabled so close in you one time high.

Now is up to snother galaxy.
Go btc

Looking at your account it looks like you are having a sr account and you still think that the current price rise is simply because of halving.
Halving is good because satoshi knew that people would start investing heavily in mining when it takes off and if not for halving the coins would have been mined long before he intended to be.

The purpose of halving is to half the mining reward by 50% last halving are last year and from 25 btc per block now we are 12.5 btc per block that can push the price to high.. because of the bitcoin supply is decreases.
The price of bitcoin is always depends on demand and supply so it will affected the price of bitcoin .

[cryptoblazter]

As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...

You are indeed correct, Halving for the ordinary community like us is very in favor to us actually. It wouldn't affect us all but it cannot be deny the least one reason that will get affected was the people who mined bitcoin or the miners in this industry.

[Vaskiy]

No one can avoid this.
Halving just make btc price up ans stabled so close in you one time high.

Now is up to snother galaxy.
Go btc

Looking at your account it looks like you are having a sr account and you still think that the current price rise is simply because of halving.
Halving is good because satoshi knew that people would start investing heavily in mining when it takes off and if not for halving the coins would have been mined long before he intended to be.

The purpose of halving is to half the mining reward by 50% last halving are last year and from 25 btc per block now we are 12.5 btc per block that can push the price to high.. because of the bitcoin supply is decreases.
The price of bitcoin is always depends on demand and supply so it will affected the price of bitcoin .

That's right. This doesn't affect the users as well miners much. The reason is that the supply to demand decreases. This creates a price increase to compensate the block reward with the increase in price. The past halving too place by mid 2016 and can expect the upcoming halving by the year 2020.

[PaymyBills]

Halving is good because it controls the flow of bitcoin mined and it has limited supply so it will regulate the flow and being greedy of other miners will be avoided because its controlled. As time goes by, bitcoin mined is lesser and lesser and the effect would be higher demand and lower supply which will make the price go up and an advantage to bitcoiners.

[X-ray]

The halvings gives Bitcoin value and makes it lucrative for more  investors so I think it should be maintained for us to keep profiting from our investment. If we don't half and we keep more BTC with less value what's the point rather than have less with more value.

from the previous halving was my first experience so i can say that halving is good. as in previous halving the price of bitcoin increased so high and that is the reason that we can expect from the coming halving also.

Economic 101 " less supply and more value" so the decrease reward for the miners give a best opportunity for the price of bitcoin. and it will have increased in the future and i think the halving is the key every 4 years. the price of bitcoin will have doubled. Halving = big hype.

[epitome]

Halving is good because it controls the flow of bitcoin mined and it has limited supply so it will regulate the flow and being greedy of other miners will be avoided because its controlled. As time goes by, bitcoin mined is lesser and lesser and the effect would be higher demand and lower supply which will make the price go up and an advantage to bitcoiners.

That is the whole strategy about halving ,to limit the supply and he came up with an genius plan and he never would have imagined that it would be this popular.If so he should have increased the time interval of halving so as to reduce the flow . We need to have a good stable platform and i figure it is a good step to have some stability in the price as well.

[hase0278]

We can see by now that the past bitcoin halving is really having a good effect to bitcoin. The price has rised since that day maybe because the supply that will be mined will be lessened. It might not be the factor but the lessening of dumpers that are oftenly miners earning from mining who dump straight away has lessened bitcoin to dump.

[buharikx31]

Halving is good because it controls the flow of bitcoin mined and it has limited supply so it will regulate the flow and being greedy of other miners will be avoided because its controlled. As time goes by, bitcoin mined is lesser and lesser and the effect would be higher demand and lower supply which will make the price go up and an advantage to bitcoiners.

And the process of halving makes bitcoin worse more, because of amount that decreases. Every time when the halving happens, we can get less bitcoins from mining and probably more it will cost. I think the main idea of halving, it's to make some border for people who are mining coin to make it pricier and give it a value as a currency, that's  indeed have a good sense

[emezh10]

Halving is good because it controls the flow of bitcoin mined and it has limited supply so it will regulate the flow and being greedy of other miners will be avoided because its controlled. As time goes by, bitcoin mined is lesser and lesser and the effect would be higher demand and lower supply which will make the price go up and an advantage to bitcoiners.

And the process of halving makes bitcoin worse more, because of amount that decreases. Every time when the halving happens, we can get less bitcoins from mining and probably more it will cost. I think the main idea of halving, it's to make some border for people who are mining coin to make it pricier and give it a value as a currency, that's  indeed have a good sense

For me I think the halving is good for investors because the price will increase and the supply will decrease and in traders too. It is good for them because they will benefit in that halving. And for the miners it will be not good for then because the amount of the bitcoin that they can harvest is became lesser. For me it's totally depends in what group of people do you belong if you are in miners so the effect of it will be bad if you are in investors the effect of it will be good.

[Tyrantt]

Shouldn't halving be good for the btc in nay case? I mean with the block reward going down by half, miners will probably increase the fees by a little. Also, there is the electricity, from the halving, miners will be receiving 50% less and that's quite a lot imo, therefore they earn less with every halving and the difficulty is always rising. That's the one thing that in my eyes raises the btc price. If I'm wrong in any aspect, please correct me.